Page 56 - Crude Oil

Brent hits 1-month high, US crude tops $31 on output cuts, easing curbs

US West Texas Intermediate (WTI) crude was up $2.46 or 8.4% at $31.89 per barrel, its highest since mid-March

Crude oil prices surge as demand shows signs of recovery from Covid-19

US crude up 19.7% in the week, Brent adds 5.2 per% after a week of bullish news. Both contracts gain for third straight week

50 days of lockdown: Indian markets are among the biggest losers globally

For instance, auto sales were almost zero for the month of April, and companies are still limping back to produce vehicles

States get short shrift

Central govt seeks to repair its finances

Indian hedge funds beat EM peers as markets shed 25% value amid Covid

While the Eurekahedge Emerging Markets Hedge Fund Index was down 9.59% in March, the Eurekahedge India Hedge Fund Index was down only 8.69%

Crude oil punters shift positions to natural gas after negative price row

According to the MCX data, the share of natural gas in the total volume of the exchange has almost tripled, while that of crude has reduced by more than half

Core sector output shrinks by 6.5% in March amid coronavirus lockdown

March performance is worst in current series

MCX offers chance to exit trading if crude oil price slips into negative

Asking members and clients to be extra cautious while dealing in crude oil, the exchange has said trading will be halted if the trading price falls to Re 1

Oil prices surge more than 10% after US crude storage build slows

US West Texas Intermediate (WTI) crude futures settled at $15.06 a barrel, jumping $2.72, or 22 per cent

Working with the Gulf

India must accept responsibilities for its diaspora

Oil demand won't recover to 2019 levels until end of 2021: Morgan Stanley

The Wall Street bank expects benchmark US oil prices to stabilise at around $40 a barrel next year

US oil falls 25% as investors flee on storage concerns; Brent below $20

Roughly 85 per cent of worldwide onshore storage full as of last week, according to Kpler data

Statsguru: Why crude oil went berserk last week and is it just a blip?

Oil traded at a negative price on a one-month West Texas Intermediate futures contract, but it didn't for successive months' futures contracts

MCX asks software vendor to enable negative price trading after broker ire

Exchange says cannot ascertain the date by which this would be achieved at this point in time

Crude collapse and the price disconnect

It is true that crude oil prices globally are under pressure due to excess supply and poor demand, thanks to the Covid-19 pandemic

Head versus heart

This is a false dichotomy, the Indian economy can be rebooted and the Covid-19 virus contained concurrently

Brent claws its way back from 20-year low; US crude up 20% in wild trade

Since the start of the year, Brent has fallen about 65 per cent , while WTI has dropped around 75 per cent

Brokerages drag MCX to HC over negative price settlement of crude

The three commodity brokers that have filed separate petitions against MCX and Sebi in include Motilal Oswal Financial Services, PCS Securities, and Religare

Brent price crash adds to oil chaos even as OPEC+ rushes to cut output

Over 20 per cent fall comes despite OPEC+ agreeing to reduce production

Brokers plan to sue MCX over negative price settlement of April crude

MCX said that it had settled the contract according to the formula in the contract, which has been followed for the last 15 years